Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Down 22.5% in January

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 109,132 shares, a decline of 22.5% from the December 31st total of 140,867 shares. Based on an average daily trading volume, of 878,701 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 878,701 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Capital Group U.S. Small and Mid Cap ETF

Several institutional investors have recently made changes to their positions in the company. Private Trust Co. NA purchased a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth $28,000. Comerica Bank purchased a new position in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth approximately $29,000. Raymond James Financial Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at approximately $30,000. Westside Investment Management Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth $33,000. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group U.S. Small and Mid Cap ETF during the 3rd quarter worth about $36,000.

Capital Group U.S. Small and Mid Cap ETF Trading Down 1.0%

Shares of NYSEARCA:CGMM traded down $0.29 on Friday, hitting $29.94. 962,301 shares of the company were exchanged, compared to its average volume of 1,055,795. The firm has a market capitalization of $1.34 billion, a P/E ratio of 21.71 and a beta of 1.27. Capital Group U.S. Small and Mid Cap ETF has a 1-year low of $20.57 and a 1-year high of $31.17. The stock’s 50 day moving average price is $29.56 and its 200 day moving average price is $28.56.

Capital Group U.S. Small and Mid Cap ETF Company Profile

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.